HIGHLIGHTS
- What: Revised 26 July 2024 Accepted 2 October 2024 Purpose - This study examines the limitations of the practical application of letter of credit transactions requiring an on-board bill of lading under the FCA and presents opinions on the practical use of FCA-ruled bills of lading for letter of credit transactions. Based on the results of previous research, this study aims to confirm the contents of the selective description of the on-board bill of lading newly added to the IncotermsⓇ2020 FCA rules and the limitations in practical application.
- Who: Politics and collaborators . . .

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